In October 1963, a group of IBM employees had a vision—to create a financial cooperative for IBM employees and their families, where the needs of the individual would be placed before profit. Our product line in the beginning was modest, consisting of basic savings and consumer loans. By the end of our first year, the credit union had 14 member accounts and $172 in assets.
Our name has changed over the years, our assets, products, and services have grown. Our membership has evolved to reflect the changing needs of our surrounding community but our mission and vision remain the same. Today, Hudson Valley Federal Credit Union is a full service not-for-profit financial cooperative, 273,000+ members strong. We extend membership to our neighbors who live, work, worship, volunteer or attend school in the counties of Dutchess, Ulster, and Orange.
Industry: Financial Services
Type: Public Company
Headquarters: PO Box 1071 Poughkeepsie, NY 12602-1071 United States
Company Size: 501-1000 employees